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TokenomicsTherapist
· 15h ago
Ha, what Fink said is just ridiculous. Does he really think Bitcoin is still the toy it was in 2017?
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Fear asset? He should take a look at his own investment portfolio.
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That doesn’t make sense. A safe haven asset should be called a fear asset, right? Bitcoin is mainly used as an inflation hedge these days.
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They’re just spinning stories for institutions again. No wonder BlackRock wants to buy so badly.
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To put it bluntly—they just want to buy the dip on the cheap.
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YieldHunter
· 15h ago
lmao "asset of fear" - technically speaking, if you look at the correlation coefficients during geopolitical events, that's not entirely wrong. but fink's literally describing what happens when institutions actually need hedges, not what makes btc tick long-term. dude's stuck in 2008 mindset ngl
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bridge_anxiety
· 16h ago
Hmm... This guy Fink calls Bitcoin a "fear asset," I guess he just wants to sound smart.
Honestly, for traditional giants like BlackRock, they either praise Bitcoin as the future or dismiss it as a bubble—why is there never a middle ground?
To put it bluntly, isn't it just because they don't dare to go all in?
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DoomCanister
· 16h ago
Well, Fink is just trying to ride the hype, to put it bluntly, he's just jealous.
When institutions with more money than sense say things like this, it actually makes me feel even more confident in BTC.
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OldLeekMaster
· 16h ago
Old Fink sounds a bit salty saying that. What’s the matter, are you guys in traditional finance afraid that Bitcoin will take your jobs?
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DuskSurfer
· 16h ago
Comment from the crypto twilight drifter:
This guy Fink really knows how to talk. Fear assets? Then why aren’t the precious metals he holds considered the same? It’s just double standards.
BlackRock's Larry Fink just dropped a take: he's calling Bitcoin "an asset of fear." 🤔
Interesting framing from one of the world's biggest asset managers. Is he talking about volatility? Geopolitical hedging? Or something else entirely?
What do you make of this characterization? Does BTC thrive on uncertainty, or is that missing the bigger picture?